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Two men in California, USA, were sued for planning to defraud investors of more than 22 million dollars through Non-fungible Token Rug Pull eyewash.
Techub News, the US Department of Justice recently issued a statement stating that two men from California, Gabriel Hay and Gavin Mayo, were sued for defrauding investors of more than 22 million US dollars in cryptocurrency through a series of Non-fungible Token Rug Pull scams, and were arrested by the Homeland Security Investigations (HSI). Please provide the text to be translated.
Please provide the text to be translated. According to court documents, between May 2021 and May 2024, Hay and Mayo were accused of making significant false and misleading statements about multiple Non-fungible Token and digital asset projects, including Vault of Gems, Faceless, Sinful Souls, Clout Coin, Dirty Dogs, Uncovered, MoonPortal, Squiggles, and Roost Coin. Hay and Mayo are each charged with one count of conspiracy to commit wire fraud, two counts of wire fraud, and one count of stalking. If convicted, the two could face up to 20 years in prison for conspiracy and wire fraud, and up to 5 years for stalking.